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CFIB Business Confidence And Wage Intentions Firm

CANADA DATA
  • CFIB small business confidence nudged up to its highest since Sep in Feb at 51.7.
  • The report includes some hotter details: expectations for price gains over the next year climbed 0.2pps to 3.7% and wages are seen climbing 3.3% over the next year, up from the January’s 3.0% and closer to the record 3.6% set in June.
  • Landing on the GoC open, BAX futures and USDCAD are little changed despite the firmer details.

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